Mr. Chair, critical minerals are a key part of this global challenge we are facing right now. We did not ask for the world's trading system to be changed. We did not ask for the end of the Bretton Woods era. We did not ask for a mercantilist world, but that is what we are in.
The President of the United States seems to be very focused on critical minerals. We all watched what he did to Ukraine in the White House. Unlike a lot of countries, we have some very good cards. We have the critical minerals the world is looking for. We need to develop those critical minerals.
We have critical minerals that will help with AI. They will help with power and clean technology, and they will help with climate change. We have the ability to support new mines, new refineries and new refining processes. We intend to do this in a responsible way, in a sustainable way and in partnership with first nations. We are investing $3.8 billion in our critical minerals strategy to give us the hand that we need with the rest of the world.